The average time taken for ABERDEEN ROADS HOLDINGS LIMITED to pay invoices has increased over the past three periods, from 28 days in the first period, to 31 days in the second period, to 34 days in the most recent period.
The percentage of invoices paid within 30 days has decreased slightly from 69% in the first period to 56% in the most recent period. The percentage of invoices paid between 31 and 60 days has increased from 27% to 40%. The percentage of invoices paid later than 60 days has remained relatively consistent at 4% in all three periods.
From the data, we can see that ABERDEEN ROADS HOLDINGS LIMITED has been taking longer to pay invoices over the past three periods. In the most recent period, the average time to pay has increased by 6 days compared to the first period. This is a concerning trend as it may indicate cash flow issues or a shift in payment policies.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 31 | 58% | 38% | 4% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 28 | 69% | 27% | 4% | 30% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
The majority of payments are determined by pre agreed contracts. These contracts include a process for resolving disputes. There have been no disputes in the period.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
ABERDEEN ROADS HOLDINGS LIMITED is an active private limited company, incorporated on 22 October 2014, based in the Scotland region. Registered business activity: Construction of roads and motorways.
From Companies House records.